Swift Car Care Holdings Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 13393103

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		298,850		298,850

			298,850		298,850
CURRENT ASSETS
Investments	5	1,620		1,620
Cash at bank and in hand		1,209,328		142,148

		1,210,948		143,768
Creditors: Amounts Falling Due Within One Year	6	(1,458,275 )		(420,472 )

NET CURRENT ASSETS (LIABILITIES)			(247,327 )		(276,704 )

TOTAL ASSETS LESS CURRENT LIABILITIES			51,523		22,146

NET ASSETS			51,523		22,146

CAPITAL AND RESERVES
Called up share capital	7		1,620		1,620
Profit and Loss Account			49,903		20,526

SHAREHOLDERS' FUNDS			51,523		22,146

For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Mohammed Husein Datoo

Director

07/04/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Swift Car Care Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13393103 . The registered office is 7 Wareley Road, Peterborough, Cambridgeshire, PE2 9PF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the rents received or receivable.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

No Depreciation Charge

2.4. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

2.5. Consolidated Balance Sheet

The Company is exempt from Consolidated Balance Sheet on the basis that it qualifies as a small group.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 September 2023	298,850

As at 31 August 2024	298,850

Net Book Value
As at 31 August 2024	298,850

As at 1 September 2023	298,850

5. Current Asset Investments

	2024	2023
	£	£
Shares in subsidiaries	1,620	1,620

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Swift Car Care Holdings Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2024

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Corporation tax	6,615	5,770
Amounts owed to subsidiaries	1,451,660	414,702

	1,458,275	420,472

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1,620	1,620

8. Related Party Transactions

Swift Car Care Services Ltd

Subsidiary

Amounts due to related party consist of £1,451,660 (2023 £414,702) due to Swift Car Care Services Ltd.

Swift Car Care Services Ltd is 100% subsidiary of Swift Car Care Holdings Ltd

9. Ultimate Controlling Party

The company's ultimate controlling party is M.H.Datoo by virtue of his ownership of 100% of the issued share capital in the company.

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